The House of Representatives Committee on Nutrition and Food Security has launched an investigation into the ₦1.12 trillion disbursed by the Central Bank of Nigeria through the Anchor Borrowers Programme (ABP) from 2017 to 2024. This probe also covers other federal government agricultural initiatives during this period.
Committee Chairman Chike Okafor expressed concern that despite massive funding, Nigeria still struggles with food insecurity, scarcity, and malnutrition. He emphasized that judicious use of these funds could have prevented the current crisis, where millions of Nigerians struggle to afford basic meals.